Teresa Giudice Defends Bankruptcy Filing By Comparing Herself to Walt Disney
Mother of four Teresa Giudice of the Real Housewives of New Jersey doesn’t appreciate all of the criticism regarding her bankruptcy situation — and certainly doesn’t believe it’s any of her own doing. People, it’s downright AMERICAN to declare bankruptcy! This according to her recent Bravo blog entry titled “Fresh Start.” And why is her family in this situation? Not only the downturn of the economy (not her fault!) but also because she and Joe were just trying to help people. Seriously, squash your laughter. Here’s what she had to say, including comparing herself to Walt Disney, Sam Walton and other founders of iconic companies:
Joe and I filed for bankruptcy protection back in October 2009r primarily because of real estate deals gone bad in a bad economy. We didn’t spend millions of dollars on gold toilets or private planes. We bought buildings, fixed them up, and tried to help other people start their own businesses or be able to afford an apartment. The economy crash trickled down to everyone. We worked so hard for so many years and it was heartbreaking to file, and not something we took lightly. Of course you can’t sit in your bed and just cry all day, so we moved forward, got new jobs, and are working hard once again. The point is to get a fresh start so you can move forward.
If we didn’t give fresh starts to people, we wouldn’t have the following great American companies that were only able to be created after their owners’ filed bankruptcy: The Walt Disney Company, Hilton Hotels, Hershey’s chocolates, Macy’s department stores, Heinz ketchup and even WalMart. If Sam Walton hadn’t filed bankruptcy after his first store failed, he wouldn’t have been able to build the largest company in the world that employs more people than any other: 2 million!
So there you have it according to Teresa: the Waltons, the Disneys, the Heinzs, the Hersheys, the Hiltons AND THE GIUDICES. Building a better America one bankruptcy filing at a time. I wonder if any of those wives expected diamonds for their anniversary even when vendors and service workers weren’t being paid for their hard work?






This woman is such a moron.
I can’t stand this woman…..can SOMEONE shut her up already? I wish she’d spend her time actually working and making a living instead of being a media wh*re. Disney is rolling in his grave.
She is trying to rationalize the situation when in fact any moron would realize that the money they actually earned wasn’t even close to enough to support the lifestyle they loved to flaunt. Anyone who is business savvy (and these people own multiple businesses???) knows that you can’t spend more than you make. Not only were they spending more than they make, it wasn’t even CLOSE! She’s so caught up in trying to be a big spender that she has hurt a lot of hard working people in the process.
She can comfort herself with her “things” until they are sold. Then what? Does ANYONE actually think that they will change and be frugal? HAHAHAHA…yeah right. You and I are footing their bill for her boob job and everything else this self-proclaimed princess bought without having the money for. Bravo sure knows how to pick ‘em.
Unbelievable…
ROFLMAO! What a moron! (Pssst! Teresa! Walt Disney wasn’t a crook!)
The best part is how much she still spends. If you watch the show (and yes I am guilty of said watching) she has a MAJOR limo/spa party for her daughter, demands a “wow me” anniversary (which included a helicopter ride over NYC, a private suite at the Westin and a 7ct yellow diamond ring), has a housewarming party that rivals a hotel opening and still drops $1000-$3000+ on overly fufu clothes for 4 daughters. Let’s not forget the new pizza shop they just opened! They have been forced to auction off most of the items in their house. The sad part, all the beds and bedroom furniture for their little girls will be auctioned off as well. It will be interesting to see what (and how) they buy to replace it all….
Lofty opinion she has of herself!!!
It is unbelievable the way she thinks….Why does she think she is entitled to all these luxuries when they cannot afford them…Million dollar plus house, diamonds, expensive clothes, parties and the list goes on and on….Again…Unbelievable thinking!!
I CANNOT BELIEVE SHE COMPARES HER FAMILY TO:HERSHEY, DISNEY ETC. THE GUIDICES ARE CROOKS
She is like Disney in that she has manufactured a fantasy – her whole life and persona. She conspicuous consumption would have been good for the US economy IF SHE WERE NOT A DEADBEAT. I have the worst case of schadenfreude when it comes to this poser.
Too all the above comments…are you all bookeepers???How do you know they spent beyond their means..maybe they had the cash at that time..when thing were good..I think she is an air head…but think it’s funny..good wife…good mother…and I don’t think she was comparing her self Hershey ect…just letting you know bad things happen to wealthy people too.
Yeah, she is so out of touch with reality. I bet she won’t chanhe a thing. Maybe Bravo is filming this demise for next season? That would be more interesting than the stupid Danielle fued..
LOVE-LOVE-LOVE the show, Real Housewives of New Jersey… You can’t write these scripts! I watch all of the Jersey reality shows because they really do represent people. ‘Gotta love Joe – “Happy wife, happy life” Keep up the great TV.